Loan Closing Specialist

3 days ago


Montréal, Canada Société Générale Full time

**Responsibilities**:
**ABOUT THE JOB**

At Société Générale, the Closing employee performs loan documentation analysis and coordinates closing actions for commercial loans involving multi-bank syndications, participations, and bilateral Deals. Proactively manages assigned portfolio to meet constantly changing priorities and deadlines. Independently interprets internal credit summaries, outside counsel documents and other lender loan documents to perform closing tasks. Follows up with internal stakeholders for collection of pre
- and post-closing documentary requirements. Interacts with and supports internal and external customers to ensure high satisfaction level with bank/customer relationship.

**What will be your day-to-day?**

**Responsibilities**
- Accountable for managing a portfolio of deals via the booking of credit facilities (Agency, Participations, and Bi-laterals); ensuring timely and accurate deal close as prescribed by contractual agreement. Specific staff functions to be monitored include:

- Ensure compliance with credit approval and bank credit policy
- Interaction with Loan Officers, Operations, customers, other banks, &/or legal counsel to gather all pertinent information in advance of loan closings
- Set up and maintenance of customer, deal, and facility information in LIQ - ensure accuracy of system information (accurately reflects structure of deal)
- Coordinate initial funding requirements including verification of standard settlement instructions (SSI).
- Manage the settlement process for par and distressed loan trades
- Experience in drafting trading documentation manually (trade confirmations, assignment agreements, funding memos, purchase and sale agreements, netting agreements, multilateral netting agreements and accession agreements.
- Ensure data quality; review, investigate and resolve all anomalies.
- Complete special projects as assigned.

**Profile required**:
**What does it take to get the job?**
- Technical Skills_

Required/Must have:

- Strong capability to act as a change agent
- Rigorous attention to detail with a control-oriented mindset
- Strong organizational skills and ability to multi-task with mínimal follow-up
- Self-confidence and ambition for growth
- Minimum 5 - 7 years overall commercial lending experience
- Extensive Credit documentation knowledge
- Deal amendments processing

Desired/Plus:

- Credit Risk background helpful; Basel 2/RWA experiences also a plus.

**What we do differently at Société Générale**
- Competitive compensation & benefits offering, including but not limited to:

- Minimum of 20 days **Vacation days** + 4 **personal days**:

- Supportive Maternity, paternity, parental and adoption leave policy
- **Health spending **($2,000/year) and **personal spending **($1,000/year)** accounts** with 75+ eligible reimbursement categories (health, training, electronics etc.);
- Fully sponsored virtual** healthcare assistance **and **Employee Assistance Program **to you and your immediate family;
- There are many Employee Resource Groups** (ERG) to engage with **such as Pride and Allies, American Women Network, Black Leadership Network, One planet, etc.
- We foster a **culture of continuous development** by encouraging our employees to seek improvements through various **training programs **(online training and coaching platform such as Coursera, GoFluent, PluralSight, First Finance, and others)

**Why join us**:
**Why Join us**:
It is with a long-term approach that we are engaging with the world as it is today: a world in which economic development goes hand-in-hand with environmental and social progress.

As a result, we made Team spirit a central value at Société Générale Canada. We work together to be able to offer each employee the tailored approach they require to grow.

As soon as you arrive, you will be integrated into our teams and will learn every day alongside experts, who will support you in your task.

Get ready to join an innovative company where you can bring your full self to work and evolve with forward-thinking individuals to build the bank of tomorrow

**Business insight**:
**About us**

Expanding its activities in Montreal, Société Générale Group is a large multinational bank that counts 130 000 employees located in more than 60 countries around the globe.

At Société Générale, reimagining green IT impact with our focus on sustainable movement is how we interpret our mission as responsible bankers.

Société Générale has positioned itself as a frontrunner in supporting the energy transition and carbon net zero financing.

People are the drivers of change and the world of tomorrow will be shaped by our collective creativity, combined experiences, and diversity of opinions, so that together we can have a positive impact on the future

Teamwork and collaboration are something that we don't only talk about but that we embody through our work and global initiatives.
- We are an
- **equal opportunities employe



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